secwatch.observer — SEC 8-K summary
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Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0001477932-23-006788
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden prices $3.0M public offering of 2.7M units at $1.10/unit
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- Priced 2,700,726 units at $1.10/unit, each with one share and one warrant (exercise $1.10, 5-year term).
- Gross proceeds ~$3M; underwriters have 45-day option for up to 405,108 additional shares/warrants.
- Maxim Group LLC sole book-runner; offering closed Sept 8, 2023. Representative warrants for 135,036 shares at $1.21.
- Company and insiders subject to 90-day lock-up; underwriter has 12-month right of first refusal on future offerings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793223006788/0001477932-23-006788-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793223006788/edbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-006788

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